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Birmingham Post
Birmingham Post
Business
Jon Robinson

What Chancellor Jeremy Hunt's 2023 Budget means for the North West

Chancellor Jeremy Hunt has delivered the Government's latest to MPs in the House of Commons.

Among the major announcements was the news that the UK will not enter a technical recession this year according to the Office for Budget Responsibility forecast. The OBR said inflation to fall from 10.7% last year to 2.9% by the end of the year.

The Chancellor added that a "Brexit pubs guarantee" will see the duty on draught products in pubs up to 11p lower than the duty in supermarkets from August. Fuel duty will also be frozen for the next year.

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